Punjab & Sind Bank is a government-owned bank (79.62%), with headquarters in New Delhi. Of its 1466 branches spread throughout India, 623 branches are in Punjab state



Interest rates applicable for domestic credit (Commercial & Institutional Advances) :
Rate (per annum) w.e.f 05.10.2015
Base Rate 9.75%

Rate (per annum) w.e.f 05.10.2015
BPLR 14.75%

Here I am Also providing you the Interest rates of the various loan offered by the Punjab & Sind Bank that is as follow


1. HOUSING LOANS

Loan Amount Rate of Interest (p.a.)
Upto Rs.75.00 lac One Year MCLR(9.65%) = 9.65%
Above Rs.75.00 lacs One Year MCLR (9.65%) + 0.25%= 9.90%

AUTO LOANS

Category Rate of Interest (p.a.) (All Tenures)
New Vehicles One Year MCLR (9.65%)+ 0.25% = 9.90%
Old Vehicles One Year MCLR (9.65%)+ 3.00% = 12.65%


EDUCATION LOANS


a) For higher studies in India & abroad:

Category

Loan up to Rs.4 Lac
One Year MCLR (9.65%) +2.00%= 11.65%

Loan Above Rs.4 Lac & up to Rs.7.50 Lac
One Year MCLR (9.65%) +2.00%= 11.65%


Above Rs.7.50 Lac
One Year MCLR (9.65%) +1.50%= 11.15%